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Michelin the number one consumer researched tyre brand: Tyre Reviews

Michelin the number one consumer researched tyre brand: Tyre Reviews

Wednesday 14th February 2018 | 0 Comments

Consumers are increasingly likely to research their tyres online pre-purchase, regardless of whether they complete an e-commerce transaction. Peer review website Tyre Reviews has therefore become an influential destination in the car tyre market: discussing Tyre Reviews’s audience, owner, Jonathan Benson, states that 94 per cent of Tyre Reviews visitors are engaged in the tyre buying process, with its users predominantly “high earning, well educated, male automotive enthusiasts looking for the best possible product for their vehicle.” In 2017, the site delivered 25 million pageviews to tyre buyers, and claims to have influenced around “one-sixth of UK tyre sales.”

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Toyo Tires becomes National Partner of IAAF World Indoor Championships

Toyo Tires becomes National Partner of IAAF World Indoor Championships

Wednesday 14th February 2018 | 0 Comments

Toyo Tire Europe has become a National Partner of the International Association of Athletics Federations (IAAF) World Indoor Championships, Birmingham 2018. Following their successful partnership with the IAAF World Championships London 2017, Toyo Tires have enhanced their National Partner agreement with the IAAF World Indoor Championships Birmingham 2018, by adding the Toyo Tires logo to the athletes’ bibs.

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Liqui Moly – turnover and profits up, employees get bonus

Liqui Moly – turnover and profits up, employees get bonus

Tuesday 13th February 2018 | 0 Comments

2017 was a good year for Liqui Moly, as CEO Ernst Prost explains: "Our turnover in 2017 was 532 million euros, an increase of 9 per cent on the 489 million euros achieved in 2016. Our profit before tax is 52 million euros. Also an increase of 9 per cent compared to the previous year. That’s what we need! Just to maintain our equity capital ratio of 80 per cent."

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Kumho Tire’s net losses deepen

Tuesday 13th February 2018 | 0 Comments

Kumho Tire Co., has reported net losses of 88.56 billion won (US$81 million) for 2017, up significantly from 37.9 billion won a year earlier, according to the Yonhap news agency’s translation of a regulatory filing on the matter.

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Bridgestone and Versalis form strategic partnership

Tuesday 13th February 2018 | 0 Comments

Bridgestone Americas (Bridgestone) and Versalis are forming a strategic partnership to develop and deploy “a comprehensive technology package to commercialize guayule in the agricultural, sustainable-rubber and renewable-chemical sectors.”

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Davanti to add runflat to car tyre range

Davanti to add runflat to car tyre range

Tuesday 13th February 2018 | 0 Comments

The Oak Group’s Davanti range will add a runflat fitment to its range in 2018, marking a further extension to the brand’s market coverage. The range will launch in key 16 and 17 inch fitments, the company states.

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Turanza T005 roll-out simplifies touring market for Bridgestone

Turanza T005 roll-out simplifies touring market for Bridgestone

Tuesday 13th February 2018 | 0 Comments

Bridgestone launched the new Turanza T005 in the second half of 2017, replacing its Turanza T001 EVO, and joining the innovative DriveGuard in covering the European car tyre market. The new tyre, which was developed and produced in Europe to offer motorists improved wet performance and fuel economy, combined with high mileage, is now available in a wide line-up that will eventually provide almost complete touring market coverage by 2019, with more than 140 sizes for 14’’ to 21’’ rims.

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Yokohama adds runflat to flagship range, marks 40 years of Advan

Yokohama adds runflat to flagship range, marks 40 years of Advan

Tuesday 13th February 2018 | 0 Comments

In addition to its latest motorsport developments, Yokohama used the Autosport International show to celebrate the 40th anniversary of its flagship Advan car tyre range, launching a runflat version of the leading Advan Sport V105 tyre. Available in a number of key sizes from 16” – 20”, the Advan Sport V105 ZPS is designed as a replacement tyre for a number of rear wheel drive executive saloons fitted with runflat tyres as standard, the manufacturer states.

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Michelin takes 20% share in A.T.U. auto service chain

Michelin takes 20% share in A.T.U. auto service chain

Tuesday 13th February 2018 | 0 Comments

The Michelin Group has purchased a 20 per cent share in German automotive services provider A.T.U. (Auto-Teile-Unger). The minority stake was acquired from French automotive maintenance and repair services group Mobivia Groupe for 60 million euros; following the acquisition, Mobivia and Michelin intend to combine their expertise in order to further develop A.T.U. in Germany, Austria and Switzerland.

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Volvo to sell electric trucks next year

Monday 12th February 2018 | 0 Comments

Volvo has confirmed it will begin sales of electric trucks in Europe in 2019, with the first units being put into operation with selected reference customers later this year. As well as reducing CO2 emissions, Volvo sees the introduction of electric vehicles as an opportunity to reduce the number of trucks operating in peak hours.

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Apollo Tyres: Q3 revenue up, profit down 17%

Monday 12th February 2018 | 0 Comments

Although Apollo Tyres Ltd. reports that its sales were up in the third quarter of its current financial year and exceeded Rs 40 billion for the first time ever, net profit for the period was lower year-on-year. The tyre maker’s net sales increased 16.9 per cent year-on-year in the three months to 31 December 2017 to Rs 40.16 billion (£451.1 million), while operating profit was up 1.1 per cent to Rs 5.43 billion (£61.0 million). Net profit was down -17.2 per cent to Rs 2.45 billion (£27.5 million).

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Nokian Tyres named one of the most sustainable companies

Friday 9th February 2018 | 0 Comments

Nokian Tyres recently received the Bronze Class distinction in the Auto Components category of the RobecoSAM Sustainability Yearbook 2018, which was published last week. RobecoSAM is an expert on sustainability whose annual assessment is considered to be a particularly reliable and comprehensive report of how sustainability is implemented in companies around the world.

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Goodyear reports Q4, 2017 results

Friday 9th February 2018 | 0 Comments

The Goodyear Tire & Rubber Company has reported results for the fourth quarter of 2017 as well as for the entire year.

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Bridgestone launches ‘Global Sustainable Procurement Policy’

Friday 9th February 2018 | 0 Comments

A new ‘Global Sustainable Procurement Policy’ has been introduced at Bridgestone Corporation, and the tyre and rubber company believes this policy will help it identify and evaluate qualified suppliers, promote best practices, and serve as a communication and improvement tool for the industry. The policy is applicable to all purchased materials and services, as well as all suppliers globally.

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Podium spot for Falken pilot at first 2018 Red Bull Air Race

Podium spot for Falken pilot at first 2018 Red Bull Air Race

Thursday 8th February 2018 | 0 Comments

The current Red Bull Air Race World Champion and Falken-supported athlete, Yoshihide Muroya continued his run of success by securing second place in the first race of the 2018 season, held in Abu Dhabi, United Arab Emirates. For the fourth consecutive year Falken is sponsoring the Red Bull Air Race pilot as he competes in the fastest motorsport in the world.

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